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Caldwell Urban Renewal Agency Meeting Agenda May 2026

Optimum Group assumes 9th & Arthur DDA obligations

City of CaldwellOPTIMUM GROUP INCMay 11, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Description

The Caldwell Urban Renewal Agency plans to approve an Assignment Agreement naming Optimum Group, Inc. as the Authorized Successor developer under the 2016 Disposition and Development Agreement for the 9th and Arthur Urban Renewal Project. Optimum will assume all remaining obligations for the unfinished commercial phase of the project.

Contract Details

Vendor

OPTIMUM GROUP INC

Agency

City of Caldwell, ID

Contract Type

OTHER

Document Date

May 11, 2026

Renewal Info

Assignment and assumption of the existing DDA, with Optimum stepping into the remaining obligations for the unfinished commercial phase and no additional term changes stated.

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